Intelligent CIO Middle East Issue 84 | Page 17


Volante Technologies and Finextra ’ s report reveals MEA aims for payments modernisation

collaboration with Volante , indicates that the beginning of 2022 was been a busy period for payments modernisation , propelled by mandates at the national and cross-border infrastructure level and the drive towards instant , real-time payments .
The survey elicited the highest proportion of responses ( 22.3 %) confirming modernisation plans in a one-to-two-year timeframe from MEA , compared with the rest of the world .

Volante Technologies , a global leader in cloud payments and financial messaging , has announced that banks and FinTech firms in the Middle East and Africa ( MEA ) are planning more investment in payments modernisation over the next two years than any other region in the world .

Data from Finextra ’ s Payments Modernisation : The Big Survey 2022 , in
Vijay Oddiraju , CEO at Volante Technologies , said : “ Our discussions with MEA financial institutions clearly show that there is now a race towards becoming real-time 24 / 7 in the MEA payments space and the future is taking payments into the cloud . We are committed to investing our time and resources in MEA , working as trusted partners to banks in the region to ensure they are ready with the right payments modernisation technology .”

AmiViz onboards Cyber Security Works to help regional businesses with security improvements

AmiViz , one of the Middle East ’ s first enterprise B2B marketplaces , has announced it has signed a partnership with Cyber Security Works ( CSW ), a leading platform and services provider of predictive , AI-powered attack surface and vulnerability management solutions .

CSW is a US Department of Homeland Security-sponsored CVE Numbering Authority and a leader in attack surface management . The availability of CSW ’ s mature Vulnerability-Management-as-a- Service ( VMaaS ) and application and infrastructure penetration testing services at the AmiViz marketplace will help enterprises in the Middle East improve their security posture and reduce vulnerabilities . a larger base of partners in the marketplace , saving time and resources .
Ram Movva , Chairman and Co-Founder of CSW said : “ Partners are extremely critical for us to increase our reach in any geography and this partnership with AmiViz will help us spread our footprint faster in the Middle East region . The AmiViz marketplace ’ s presence across the region will enable us to roll out our partner programme at a quicker pace .”
Ilyas Mohammed , COO , AmiViz , said : “ We are excited to onboard CSW , and given their proven track record and market leadership worldwide , we are confident that this will provide a big opportunity for our partners to capitalize and grow their business .”
Ilyas Mohammed , COO , AmiViz
The partnership will enable CSW to expand its reach across the region and enhance its go-to-market timelines as it can connect with
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